PPP bidders indemnified

By CMB2003-01-01T11:00:00

THE LONG-RUNNING battle between the government and London’s Mayor, Ken Livingstone, over the Public-Private Partnership for London Underground’s infrastructure took another twist on December 4. Transport Secretary Alistair Darling announced that the preferred bidders for the three infrastructure companies (Infracos) and their financial backers would be offered ’an indemnity against ...